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The future of the food acidulant market looks promising with opportunities in various applications, like bakery and confectionery, dairy & frozen products, beverages, soups, sauces and dressings, and sweet and savory snacks. The global food acidulant market is expected to decline in 2020 due to the global economic recession led by the COVID-19 pandemic. However, the market will witness recovery in the year 2021, and it is expected grow with a CAGR of 5% to 7% from 2020 to 2025. The major drivers for this market are growing demand for processed food and beverages and increasing usage of acidulants as preservative and flavoring agents.
 
A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of food acidulants market report download the report brochure.


 


 

 
 
The study includes trends and forecasts for the global food acidulants market by product type, application, form, and region as follows:

By Product Type [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
  • Citric Acid
  • Lactic Acid
  • Acetic Acid
  • Phosphoric Acid
  • Malic Acid
  • Sorbic Acid
  • Others 

By Application [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
  • Bakery & Confectionery
  • Dairy & Frozen Products
  • Beverages
  • Soups
  • Sauces & Dressings
  • Sweet & Savory Snacks
  • Others 

By Form [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
  • Powder
  • Liquid
  • Granules

By Region [Volume (Kilotons) and $M shipment analysis for 2014 – 2025]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
  • The Rest of the World
 

Some of the food acidulants companies profiled in this report include Tate & Lyle PLC, Archer Daniels Midland Company, Corbion Purac N.V., RP International Limited, Cargill Incorporated, Global Specialty Ingredients, and Hawkins Watts.

Lucintel forecasts that citric acid will remain the largest segment, as it is used as a flavor enhancer in the drinks industry over the forecast period, and it acts as an excellent food and drink preservative.

Asia Pacific will remain the largest region during the forecast period due to increasing demand for processed foods and beverages in China and India. 
Tate & Lyle, Archer Daniels Midland Company, Corbion Purac., RP International Limited, Cargill Incorporated, Global Specialty Ingredients, and Hawkins Watts are among the major food acidulant manufacturers.





 
Features of Food Acidulants Market
 
  • Market Size Estimates: Food acidulants market size estimation in terms of value ($M) and volume (kilotons)
  • Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments and regions.
  • Segmentation Analysis: Market size by product type, application, and form
  • Regional Analysis: Food acidulants market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different product type, application, and form, and regions for food acidulants market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the food acidulants market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.





 
This report answers following 11 key questions
 
Q.1 What are some of the most promising potential, high-growth opportunities for the global food acidulant market by product type (citric acid, lactic acid, acetic acid, phosphoric acid, malic acid, sorbic acid, and others), application (bakery and confectionery, dairy and frozen products, beverages, soups, sauces and dressings, sweet and savory snacks, and others), form (powder, liquid, and granules), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the food acidulant market?
Q.5 What are the business risks and threats to the food acidulant market?
Q.6 What are the emerging trends in the food acidulant market and the reasons behind them?
Q.7 What are some changing demands of customers in the food acidulant market?
Q.8 What are the new developments in the food acidulant market? Which companies are leading these developments?
Q.9 Who are the major players in the food acidulant market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in the food acidulant market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the food acidulant market?
 

Table of Content

 

1. Executive Summary

2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends (2014-2019) and Forecast (2020-2025)
3.2: Global Food Acidulants Market Trends (2014-2019) and Forecast (2020-2025)
3.3: Global Food Acidulants Market by Product Type
3.3.1: Citric Acid
3.3.2: Lactic Acid
3.3.3: Acetic Acid
3.3.4: Phosphoric Acid
3.3.5: Malic Acid
3.3.6: Sorbic Acid
3.3.7: Others 
3.4: Global Food Acidulants Market by Application
3.4.1: Bakery and Confectionery
3.4.2: Dairy and Frozen Products
3.4.3: Beverages
3.4.4: Soups
3.4.5: Sauces and Dressings
3.4.6: Sweet and Savory Snacks
3.4.7: Others 
3.5: Global Food Acidulants Market by Form
3.5.1: Powder
3.5.2: Liquid
3.5.3: Granules 

4. Market Trends and Forecast Analysis by Region from 2014 to 2025
4.1: Global Food Acidulants Market by Region
4.2: North American Food Acidulants Market
4.2.1: Market by Product Type
4.2.2: Market by Application
4.2.3: Market by Form
4.2.4: The US Food Acidulants Market
4.2.5: The Canadian Food Acidulants Market
4.2.6: The Mexican Food Acidulants Market
4.3: European Food Acidulants Market
4.3.1: Market by Product Type
4.3.2: Market by Application
4.3.3: Market by Form
4.3.4: German Food Acidulants Market
4.3.5: United Kingdom Food Acidulants Market
4.3.6: French Food Acidulants Market
4.3.7: Italian Food Acidulants Market
4.4: APAC Food Acidulants Market
4.4.1: Market by Product Type
4.4.2: Market by Application
4.4.3: Market by Form
4.4.4: Chinese Food Acidulants Market
4.4.5: Japanese Food Acidulants Market
4.4.6: Indian Food Acidulants Market
4.4.7: South Korean Food Acidulants Market
4.5. ROW Food Acidulants Market
4.5.1: Market by Product Type
4.5.2: Market by Application
4.5.3: Market by Form

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Geographical Reach
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Food Acidulants Market by Product Type
6.1.2: Growth Opportunities for the Global Food Acidulants Market by Application
6.1.3: Growth Opportunities for the Global Food Acidulants Market by Form
6.1.4: Growth Opportunities for the Global Food Aidulants Market by Region 
6.2: Emerging Trends in the Global Food Acidulants Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Food Acidulants Market
6.3.3: Technology Development
6.3.4: Mergers and Acquisitions in the Global Food Acidulants Industry

7. Company Profiles of Leading Players
7.1: Tate & Lyle Plc
7.2: Archer Daniels Midland Company
7.3: Corbion Purac N.V.
7.4: RP International Limited
7.5: Cargill Incorporated
7.6: Global Specialty Ingredients
7.7: Hawkins Watts
 
.

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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